We are very, very happy to announce that we have new partners: Impiro, an investment firm out of Singapore, has made a substantial investment in Contained Energy and we are working closely with Impiro’s team to prepare ourselves for the significant changes that the Indonesian market for solar energy is going through.
After 10 years (this month!) of pioneering, developing and exploring the markets for alternative energy, these markets are now maturing and with the help of Impiro, we are making the transition from pioneer to main-stream.
Impiro is a full-service investment firm incorporated in Singapore with founders located across the globe and with activities extending across multiple continents and industries. Impiro aims to make a profound impact in the industries it engages in by identifying the right type of partners and to achieve that impact through capital injection, strategic input, mentorship, back-office services, commercial guidance and networking opportunities.
“We are very proud to make this significant investment and especially to do so in this industry following some of the significant changes which have taken place in the local alternative energy market. Contained Energy provides us with a foothold in a rapidly developing industry, with phenomenal growth opportunities for decades to come. We had great synergy with the owners of Contained Energy throughout our due diligence process and all signs pointed to it making a lot of sense for us to get involved in the renewable energy market and this company,” said Impiro mentor and lead investor Simon Landsheer.
With recent significant increases in electricity rates and net-metering being introduced in Indonesia (see article on Net Metering further down in this Newsletter), Impiro and Contained Energy will implement an aggressive and rapid action plan to develop the market and further expand upon the already impressive track record of Contained Energy.
We look forward to a very fruitful relationship with Impiro and are excited to have them as part of the Contained Energy story. This is an exciting time in the Indonesian renewable energy industry. Through the expertise of Contained Energy within the renewables market and with the experience of the Impiro team, we anticipate great growth for us moving forward and certainly intend to achieve a leading position within the Indonesian market both on a consumer and commercial level.”
With a ramp-up of sales and marketing efforts in conjunction with an anticipated rebranding of the company, a new era awaits Contained Energy. The implementation of a strategic approach aims to introduce best practices to the industry as well as innovative ideas to accelerate market adoption and user acceptance.
“Contained Energy is a company with a track-record of more than a decade in Indonesia and an already impressive list of historical and ongoing projects. We’re grateful for the opportunity to work hand in hand with Pieter and his team to cement their position in the country specifically as well as the industry as a whole,” said Impiro mentor, Eric Dadoun.
A heartfelt thanks goes out to our clients that have supported us over the years, and to Impiro for putting their trust in us!
Onwards and upwards!
Pieter de Vries